The new Code of Practice and arbitration scheme for coronavirus-related commercial rent arrears
Parliament announces new Code of Practice and arbitration scheme for coronavirus-related commercial rent arrears
This short course will walk you through the Commercial Rent (Coronavirus) Bill and new Code of Practice that were introduced in Parliament on 9 November 2021 which, if passed, will create a legally-binding arbitration process for commercial landlords and tenants to resolve arrears disputes relating to periods of enforced closure due to the Covid-19 pandemic.
The Bill is intended to come into force in England and Wales from 25 March 2022, after the restrictions on evicting commercial tenants are due to expire
By the end of this course, you should be able to:
- Understand the arbitration process for landlords and tenants
- Understand the expectation on landlords under the new Code of Practice Bill